PSSR (PASSUR Aerospace) Scaled Net Operating Assets: -0.58 (As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
Price $0.35
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What is PASSUR Aerospace Scaled Net Operating Assets?

PASSUR Aerospace PSSR 12 Scaled Net Operating Assets is -0.58 as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PASSUR Aerospace's operating assets for the quarter that ended in Jul. 2022 was $1.92 Mil. PASSUR Aerospace's operating liabilities for the quarter that ended in Jul. 2022 was $3.37 Mil. PASSUR Aerospace's Total Assets for the quarter that ended in Apr. 2022 was $2.52 Mil. Therefore, PASSUR Aerospace's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2022 was -0.58.


PASSUR Aerospace Scaled Net Operating Assets Historical Data

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The historical data trend for PASSUR Aerospace's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PASSUR Aerospace Scaled Net Operating Assets Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.54 0.57 -0.21 -0.28

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.56 -0.30 -0.27 -0.31 -0.58

PSSR vs BANT, HWKE, RTX: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, PASSUR Aerospace's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PASSUR Aerospace Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, PASSUR Aerospace's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PASSUR Aerospace's Scaled Net Operating Assets falls into.


PSSR
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PASSUR Aerospace Inc PSSR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PASSUR Aerospace's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2021 )
=(Operating Assets (A: Oct. 2021 )-Operating Liabilities (A: Oct. 2021 ))/Total Assets (A: Oct. 2020 )
=(2.267-3.77)/5.34
=-0.28

where

Operating Assets(A: Oct. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.837 - 1.57
=2.267

Operating Liabilities(A: Oct. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.879 - 11.023 - 0.086
=3.77

PASSUR Aerospace's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2022 )
=(Operating Assets (Q: Jul. 2022 )-Operating Liabilities (Q: Jul. 2022 ))/Total Assets (Q: Apr. 2022 )
=(1.918-3.365)/2.515
=-0.58

where

Operating Assets(Q: Jul. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.135 - 0.217
=1.918

Operating Liabilities(Q: Jul. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.218 - 12.763 - 0.09
=3.365

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of -0.58 mean?
PASSUR Aerospace (PSSR) has a Scaled Net Operating Assets of -0.58 as of Jul. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Scaled Net Operating Assets too high?
PASSUR Aerospace's current Scaled Net Operating Assets is -0.58. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Scaled Net Operating Assets compare to BANT and HWKE?
PASSUR Aerospace's Scaled Net Operating Assets of -0.58 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PASSUR Aerospace and its competitors. PASSUR Aerospace's current Scaled Net Operating Assets is -0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Scaled Net Operating Assets of -0.58. The current Scaled Net Operating Assets is -0.58. PASSUR Aerospace's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For PASSUR Aerospace (PSSR), the current Scaled Net Operating Assets is -0.58 as of Jul. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
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